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Lovebox x Happy Loop

Invest in Happiness: Our home hubs bring genuine connection & mental health

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Security Type
Common Stock
Categories
Technology, Retail, Consumer Goods & Products, Financial Services
Min Investment
$100
Location
Wilmington, DE
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$500.00K
No. Investors
168
Security Price
$1
Website
lovebox.love
Number of Employees
7
Cash
$158,874
Revenue
$4,776,996
Short Term Debt
$2,377,176
Cost of Goods
$2,531,372
Long Term Debt
$0
Net Income
$-468,430

Key Deal Facts

250K customers over the globe (80% in the US) Offering investors a 2x multiple with a target repayment of 3 years (26% annualized return) $24M global revenue to date ($5M annual revenue in the US with 50% gross margin) Backed by consumer ecosystem elite, investor Andy Dunn, Bonobos founder (acquired $310M by Walmart). Proven Nespresso/Kindle-like recurring revenue model applied to happiness content New products in 2023 targeting a larger audience in the booming self-care market Huge growth potential by developing sales in retail stores (90% online sales today)

Management Team / Advisory Board Bios

Jean Gregoire Founder & CEOJean has been coding & building tech since he was 12. He has a degree in engineering, a masters in computer science & was a postdoctoral researcher at MIT. In 2016 he invented the Lovebox and founded the company in 2017., Flore Brossard Chief Marketing OfficerFlore has a masters in Digital & Product Marketing and has 5 years of experience in digital marketing across several high-end consumer brands. Her expertise in e-commerce was evident at Puressentiel where she orchestrated remarkable growth across Europe., Victor Jager Chief Operating Officer Victor is a double graduate from 2 business schools with degrees in business management. He worked in data analysis & performance management at Smartbox Group & Web Summit where he showcased his talent for optimizing operations through data analysis.

Amount Raised : $308,421
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Security Description

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